Annual Report 2010-2011 - Gammon India
Annual Report 2010-2011 - Gammon India
Annual Report 2010-2011 - Gammon India
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148<br />
Nature of Transactions/relationship/major parties Current Year Previous Year<br />
A NNUAL R EPORT I <strong>2010</strong>/11<br />
Amounts Amounts from<br />
Major Parties<br />
(` in Crores)<br />
Amounts Amounts from<br />
Major Parties<br />
Key Managerial Personnel<br />
Remuneration paid: 11.78 8.41<br />
Mr. Abhijit Rajan 4.34 1.45<br />
Mr. H. V. Parikh 1.44 0.83<br />
Mr. R. A. Bhansali 0.79 0.74<br />
Mr. Rohit Modi 3.68 1.87<br />
Mr. D. C. Bagde 0.86 1.84<br />
Mr. Parvez Umrigar 0.67 1.68<br />
Gross Value of Stock Option Issued: —<br />
—<br />
Mr. Parvez Umrigar —<br />
—<br />
Gross Value of Stock Option Vested: 4.75 2.17<br />
Mr. Parvez Umrigar 4.75 2.17<br />
Amortization of Option Issued: —<br />
1.31<br />
Mr. Parvez Umrigar —<br />
1.31<br />
Finance received (incl. Loans and Equity contribution in cash or in kind): 3.84 0.50<br />
Mr. Parvez Umrigar 3.84 0.50<br />
TOTAL 20.37 12.39<br />
Joint Venture<br />
Subcontracting Income 349.45 358.21<br />
Patel <strong>Gammon</strong> 198.27 118.10<br />
Jager <strong>Gammon</strong> 44.49 61.19<br />
<strong>Gammon</strong> JMC 69.08 120.24<br />
Finance provided for expenses & on a/c payments 1.73 7.16<br />
<strong>Gammon</strong> Enceerail 0.20 5.02<br />
<strong>Gammon</strong> Rizzani —<br />
1.80<br />
<strong>Gammon</strong> Atlanta JV 0.81 —<br />
<strong>Gammon</strong> Progressive 0.67 —<br />
Amount liquidated towards the finance provided —<br />
0.49<br />
<strong>Gammon</strong> Enceerail —<br />
0.49<br />
Finance received for expenses & on a/c. payments 0.02 0.28<br />
<strong>Gammon</strong> Enceerail 0.02 0.28<br />
Interest paid during the year 3.80 4.94<br />
Jager – <strong>Gammon</strong> 2.35 3.30<br />
<strong>Gammon</strong> JMC 0.10 1.50<br />
<strong>Gammon</strong> Cidade Tensacciai 1.15 —<br />
Contract Advance received 120.19 55.57<br />
Jager – <strong>Gammon</strong> 5.76 18.81<br />
<strong>Gammon</strong> – JMC —<br />
8.69<br />
<strong>Gammon</strong> Cidade Tensacciai 26.40 —<br />
<strong>Gammon</strong> Mosmetro 70.53 —<br />
Patel <strong>Gammon</strong> 17.50 28.08<br />
Refund received against Contract Advance 70.55 108.72<br />
Jager – <strong>Gammon</strong> 27.06 17.30<br />
<strong>Gammon</strong> JMC 2.20 29.75<br />
Patel <strong>Gammon</strong> 41.12 57.35<br />
Guarantees and Collaterals Outstanding 373.00 316.31<br />
<strong>Gammon</strong> Mosmetro 175.62 —<br />
Jager – <strong>Gammon</strong> 46.60 58.17<br />
Patel <strong>Gammon</strong> 21.21 96.58<br />
Outstanding Balances Receivables 155.10 176.55<br />
Jager – <strong>Gammon</strong> 11.46 63.47<br />
Patel <strong>Gammon</strong> 68.21 48.61<br />
<strong>Gammon</strong> JMC 23.34 18.35<br />
Outstanding Balances Payable 121.11 54.91<br />
Jaeger <strong>Gammon</strong> 16.34 37.35<br />
Patel <strong>Gammon</strong> 3.72 14.92<br />
<strong>Gammon</strong> Cidade Tensacciai 26.40 —<br />
<strong>Gammon</strong> Mosmetro 70.53 —<br />
TOTAL 1,194.94 1,083.16
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